Articles on: Types of Loans

Take control of your financial health

Purchasing a used car instead of a new one can save you money

Used Car Tips: Shop Around for Financing

category tagJune 6, 2023

Used car tips to help you save when financing. Buying a used car can be a great way to save money and stick to your budget. A used or preowned car can be much less expensive than buying a similar new model. The average used car price as of January 2023 was about $26,000. On […]

Living paycheck to paycheck is stressful and can lead to poor financial decisions

What is Peer-to-Peer Lending?

category tagMay 30, 2023

Peer-to-peer lending is a term you might have heard of, but what is it? Peer-to-peer (P2P) lending is an alternative for borrowers who want to avoid traditional financial institutions and prefer dealing with investors who may be interested in financing their loans. Peer-to-peer lending is on the rise. The global peer-to-peer lending market is predicted […]

Current mortgage rates are high which is leading to more renovations instead of selling a home.

3 Options for Financing Home Renovations

category tagMay 26, 2023

A home renovation can make your home more enjoyable to live in, may increase your home resale value, and make it easier to sell your home. Many homeowners are looking to renovate instead of selling their home since mortgage rates are still high, despite dipping recently. About 17% of homeowners are spending more on improvements […]

If you have an unexpected expense or major purchase, you might be exploring personal loans as an option.

Don’t Make These Personal Loan Mistakes When Applying

category tagMay 3, 2023

3 Personal Loan Mistakes to Avoid When Applying Personal loans are pretty common among Americans thanks to their flexibility and lower qualification requirements. If you have an unexpected expense or major purchase, you might be exploring personal loans as an option. If it’s your first time applying for personal loan funding, you’ll want to avoid […]

paying off your personal loan before applying for a mortgage is a good idea
Research types of loans available to you when purchasing a car

Car Loans: Tips for Keeping Up with Your Payments

category tagApril 19, 2023

How to Keep Up with Your Car Loan Payments Many Americans rely on car loans to be able to drive. Car loans have been on an upward trend for the past several years. The number of car loans has grown about 29% over the past decade to about 116.43 million loans. With higher interest rates, […]

Lenders like to see that you have managed various types of debts including personal loans

Could a Personal Loan Help My Credit? 2 Ways it Does

category tagMarch 23, 2023

A Personal Loan Can Help Your Credit Score Credit scores are the key to borrowing money, whether it’s through a loan or credit card. If you have a poor score, it can be difficult to find a lender or get approved for a credit card. Those lenders that will approve a person with bad credit […]

Consider all of your options before applying for a personal loan
Personal loans can be a valuable and convenient financial tool

Pros and Cons of Online Personal Loan Lenders

category tagMarch 6, 2023

What are the Pros and Cons of Online Personal Loan Lenders? Personal loans are a valuable and convenient financial tool. They can be used for just about any expense, unlike other loans like mortgages or car loans. How much you can borrow through a personal loan varies depending on the lender, your financial background, and […]

Helpful ways for how you can pay off your loan faster.

Paying Off a Personal Loan: How to Do It Faster

category tagMarch 1, 2023

If paying off a personal loan is on your 2023 to-do list, you’re in the right place. Whether you took out a personal loan for a home repair that couldn’t wait, an emergency bill that needed to be paid ASAP, or for other unexpected expenses, you can pay it off sooner if you make some […]

Researching the difference between a prime and subprime loan

Prime vs Subprime Loan: What is the Difference?

category tagFebruary 17, 2023

If you are in the market for financing, you’ve probably come across several lending options. Things can get confusing when you’re new to borrowing, making it difficult to decide which is the right funding choice for you. One question many borrowers have is what is the difference between a prime and subprime loan? A key […]

Personal loans can be a great way to fund large purchases. Qualifications varies from lender to lender.

How Does Personal Loan Approval Work?

category tagFebruary 8, 2023

Learn more about the personal loan approval process and how it works. A personal loan is a quick and convenient way to get money to cover a wide range of expenses from home improvements to car repairs and emergency bills. There are many personal loan lenders, but lender qualifications vary from lender to lender. Learn […]

Ready to get started?
Get Started
Next

Won't affect your FICO® Credit Score¹